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Computetheefficientportfolioxxwithtargetexpectedreturnequaltothemaximumexpectedreturnoftheassetsunderconsideration.Thatis,solve(12.10) ...,,Formally,itisthesetofportfolioswhichsatisfytheconditionthatnootherportfolioexistswithahigherexpectedreturn...
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Itisrepresentedbyplottingtheexpectedreturnsofaportfolioandthestandarddeviationofreturns.They-axisismadeupoftheexpectedreturnsofthe ...
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